2023’s Crypto Presale Projects: Top 10 Picks
Crypto presales offer investors the opportunity to procure cryptocurrencies at significantly discounted prices. However, navigating the landscape and identifying a worthwhile investment project while balancing risk and reward can pose challenges.
This guide delves into the top crypto presales 2023, examining their current trends and performance. It reviews upcoming crypto projects and provides insights on how investors can choose new digital assets for their portfolios.
What is a Crypto Presale?
During the phase known as crypto presales, which are commonly referred to as ICOs (initial coin offerings), retail investors have a unique opportunity to acquire tokens before they are made available on crypto exchanges. The developers offer a limited number of passes at significantly discounted prices through their project’s website, serving various purposes.
1. Early Access and Discounted Prices
Crypto presales primarily aim to provide early access to digital assets for investors before their official listing on exchanges. This exclusive opportunity allows them to secure passes at a lower price, often below the anticipated market value.
2. Fundraising and Generating Interest
In addition to granting early access, cryptocurrency presales serve as a means for projects to secure funds for development. Simultaneously, they generate excitement and capture the interest of potential investors, ultimately bolstering the chances of a successful launch.
3. Post-Listing Price Surge
After the token is listed on a crypto exchange, its price may be experiencing a significant surge. Investors have the opportunity to capitalize on this by promptly selling their tickets for potential profit.
4. Long-Term Investment Strategy
In an alternate approach, investors have the option to retain their tokens and embrace a long-term investment strategy. This allows them to anticipate further price appreciation and potentially achieve even higher returns.
5. Project-Specific Benefits
The benefits provided in crypto presales extend beyond discounted token prices. Some projects also offer early investors premium memberships, additional tokens, and exclusive features, which enhance the appeal of participation.
6. Private and Public Presales
Depending on the project’s requirements, crypto presales can fall into two categories: private or public events. Some projects may require pre-registration for access, while others may be open to the general public.
Discover Top Crypto Presales for Profitable 2023 Investments
Cryptocurrencies are no longer struggling in the obscure corners of finance. Remarkably, some of the top crypto winter tokens have exhibited remarkable resilience amidst the prevailing market volatility.
With the majority of investors sharing a bearish sentiment, many individuals are seeking the top cryptocurrencies to acquire during this bear market. Nowadays, digital assets have become integrated into mainstream markets, resulting in frequent launches of new digital tokens each month.
From an investment perspective, this presents a multitude of additional opportunities. However, concurrently, it remains imperative to possess the proficiency in evaluating novel crypto projects for discerning whether the token merits acquisition or not.
Investors may use the following criteria to find the top cryptocurrency presales in 2023:
Know Where to Look
While our guides can assist, investors should also explore other platforms to expand their research on new digital tokens.
This includes:
Coin organizers like CoinMarketCap and CoinGecko
- Dedicated crypto presale sites like CoinSniper, Pinksale, ICO Drops
- Social media websites like Twitter and Facebook
- Online forums such as Reddit and Quora
Crypto presales occur before ICO and IDO listings, so investors may not locate them through exchanges. Nonetheless, it is advisable to keep an eye on crypto-related platforms to stay updated on upcoming digital tokens.
Research the Project
The lack of measurable data adds complexity to the task of determining the investment worthiness of a new cryptocurrency project. With numerous scams prevailing within the crypto landscape, thorough research assumes a pivotal role in shaping informed investment decisions.
Once you have compiled a shortlist of the top crypto presales for investment, it is prudent to delve into project analysis. Begin by thoroughly examining the project’s whitepaper, as it uncovers crucial details encompassing the platform’s objectives, strategies, and plans.
To enhance readability, it’s wise to consider the project’s roadmap and timeline for completing essential milestones. The lack of a whitepaper or roadmap in a cryptocurrency project should raise concerns for investors.
Not every project with a whitepaper is necessarily a wise investment. It is essential for investors to carefully consider the project’s unique value proposition and evaluate why it presents an appealing opportunity.
Look Into the Development Team
The longevity of a crypto project greatly depends on the team driving it forward. In essence, successful projects are led by experienced individuals who possess extensive knowledge in their respective industry.
In play-to-earn projects, it is vital for team members to possess knowledge of both blockchain technology and GameFi concepts.
Anonymous developers often find meme coins. As a result, it is even more critical for investors to scrutinize other aspects of the project to confirm its legitimacy, such as the intelligent token audit, usefulness, and tokenomics.
Review the Tokenomics
Investors rely on a project’s tokenomics to understand crucial details like the overall token supply, as well as how these tokens are allocated for exchange listings, presales, and the project team. When seeking top-notch crypto presales, it is vital to carefully consider the tokenomics of each project.
In many crypto presales, the initial allocation of tokens often exceeds billions. However, once the project is launched, most of these projects opt to burn their coins. This ‘deflationary’ mechanism aims to decrease the token supply, which theoretically increases its value- at least in theory.
In the world of investing, it is essential for investors to thoroughly research any new crypto project before making financial commitments. By acquiring a comprehensive knowledge about the project, investors can mitigate potential risks.
Focus on Social Media
Social media platforms and online forums can significantly impact the success or failure of a cryptocurrency. The rise and fall of Dogecoin serve as a prime illustration of this phenomenon. Elon Musk’s tweets and discussions on subreddits successfully boosted the price of this digital token.
This improved version ensures the content is engaging, clear, and concise: “In today’s digital age, social media emerges as a valuable resource for investors in their quest to identify promising cryptocurrencies.”
However, mindlessly following investor forums should be avoided. Background research is crucial to ensure a thorough understanding of the project’s viability. Additionally, it is vital to be cautious of social media follower numbers as they can easily be manipulated through methods like purchasing large accounts or employing spam bots. Thus, tracking factors such as post engagement becomes essential.
Spot Developing Trends
Investors must stay updated on current trends and news cycles as this can significantly impact their returns in the market. Just like any other asset class, cryptocurrencies undergo various phases of interest. In its early years, the focus was on the capabilities of blockchains, followed by the emergence of DeFi products and layer 2 solutions. During the last bull run, projects related to Web3 gaming, metaverse, and NFTs experienced substantial gains.
In 2023, artificial intelligence has taken the center stage in the news cycle, with AI-related coins soaring to the top. Moreover, a new emerging trend is expected to generate significant buzz in the upcoming bull run. For those seeking automated trading and continuous operation, we have thoroughly reviewed the best AI crypto trading bots.
Top Presale Tokens List
Wall Street Memes
May 26, 2023, saw the beginning of a brand-new meme crypto presale, which has now generated $16 million in just seven weeks. Analysts cite the project’s well-established community of over a million social media followers and prior experience with NFTs as strengths.
Evil Pepe Coin
A developing community-centric meme currency aiming to challenge the crypto status quo.’ While preparing for a forthcoming DEX listing, it gives 90% of its token during the presale period. In the first 24 hours, it raised $100,000.
BTC20
Planned cryptocurrency presale that combines Bitcoin’s initial thrill with contemporary staking features. Its eco-friendly consensus method and dedication to complete public token availability provide crypto fans with a one-of-a-kind opportunity to earn passive income.
Burn Kenny
New shitcoin with a presale beginning on July 20. It is projected to sell out rapidly due to the low hard cap and fair launch, especially with a 30% burn mechanism.
yPredict
The AI-powered trading website allows you to make passive income and have access to a P2E and L2E ecosystem. The presale raised more than $3 million.
Launchpad XYZ
Exciting crypto presale initiative aimed at easing the transition to Web3 technologies and dApps by serving as a user gateway portal. The presale raised almost $1.1 million.
Chimpzee
Earn cryptocurrency by gaming and trading NFTs while combating climate change and protecting livestock. Since the April 2023 debut, we have raised about $875k.
Scorpion Casino
The first social online gambling network that compensates players for holding the native token – $500k raised in the presale.
Tuk Tuk
Using blockchain technology, a new cryptocurrency platform establishes EV charging stations. At EV charging stations, drivers may pay $TUK; token holders can get staking rewards. Safelist spots are being accepted, but the presale is not yet open.
DeeLance
Web3-based freelancing network for building relationships with companies online and streamlining the recruiting process. It is also developing a metaverse and has raised $1.5 million since its inception.
Is it a Good Idea to Invest in Crypto Presales?
Crypto presales, like any other investment, have advantages and disadvantages.
We’ve given a few reasons investors should consider investing in this year’s greatest crypto presales below.
High Price Potential
Presales occur before the ICO, enabling the availability of tokens at a discounted price. This grants early investors an immediate advantage, as they can secure coins at a lower rate and potentially profit from future increases in value when the token is listed on an exchange.
Furthermore, if the project experiences growth, there is potential for further appreciation of the token’s value. Moreover, investors can acquire more coins during the token’s debut because of the favorable first offer price.
Earn Passive Income
Crypto projects are increasingly incentivizing early investors with passive income opportunities. These include status rewards, which are funded by transaction taxes. Some projects offer a percentage of each transaction to token holders, while others provide additional income through built-in staking mechanisms. When selecting a presale to invest in, it is essential to consider these perks as they can generate passive income.
Get Early Investor Advantage
RephraseOne advantage is that investors can enter the initial stage of a unique concept before it becomes widely known. As an illustration, meme coins were still a new idea during the launch of Dogecoin. However, those who invested early enjoyed significant profits years later.
Participating in a cryptocurrency project’s presale phase allows investors to join the core community, connecting with like-minded individuals and contributing to its development. This involvement fosters a strong sense of belonging and facilitates collective growth.
Risks of Crypto Presales
When investors are searching for a potentially profitable crypto presale to invest in, it becomes crucial to consider the associated risks. Selecting a project that fails could result in holding worthless tokens.
Moreover, there is a possibility of the coin’s value plummeting rapidly after the ICO presale, which may prevent investors from realizing profits from their investment. Given these risks, careful deliberation is necessary for those looking to capitalize on the advantages of a crypto presale.
How to Invest in Crypto Presales
Identifying the best cryptocurrency sales, as mentioned in the guide, is no simple task. Numerous websites provide extensive lists of new presale coins, but distinguishing the top choices requires time and research.
However, from time to time, certain projects emerge in the market that generate considerable excitement. Typically, these projects initiate presales on their native websites before being listed on larger exchanges. This strategic approach allows them to garner increased attention and liquidity.
- Create MetaMask Wallet – You must have a non-custodial wallet to participate in the presale. Both MetaMask and Trust Wallet are reliable service providers.
- Buy ETH, BNB, or USDT – $WSM coins may be bought using ETH, BNB, or USDT. These assets may be purchased through an exchange or directly through MetaMask. It is critical to remember petrol expenses during this procedure; some ETH will be required.
- Connect Wallet – Go to wallstmemes.com and connect the wallet by clicking the ‘Connect Wallet’ button.
- Purchase $WSM Tokens – Then, choose the appropriate ‘Buy Now’ option, determine how many tokens to buy, and finalize the transaction.
- Claim $WSM Tokens – When the presale ends, the acquired $WSM tokens will be available for retrieval from the website by linking the same crypto wallet.
Final Thoughts
Investors can reap the benefits of participating in presales for promising crypto projects. These presales offer discounted token prices, staking rewards, and attractive community incentives. However, navigating through a sea of launches to find the right presale can be challenging.
Additionally, early investments in these projects carry inherent risks that need Wall Street Memes ($WSM) is a popular crypto presale that aims to emulate the success of meme coin projects like GameStop and AMC. Having raised over $16 million in just seven weeks, $WSM offers an enticing opportunity with its gradual increase in token price.
FAQs
How do I get presale crypto?
In most cases, individuals can directly purchase presale cryptocurrency via the official website of the project. This process involves linking a digital wallet to the website—be cautious of fraudulent sites posing as legitimate projects—and initiating a crypto transfer. Additionally, specific platforms offer investors the option to buy presale cryptocurrency using credit or debit cards.
Are crypto presales ICOs?
No, a crypto presale takes place before an ICO. However, these terms are often used interchangeably, mainly because they provide early access to a new crypto project. The ICO bubble of 2017, which occurred during the bullish market of that year, involved a similar investment process as the presales we see today.
What is the most promising cryptocurrency presale to invest in right now?
According to our review team, the promising crypto presale for 2023 is Wall Street Memes (WSM), a new meme crypto project. At the time of our assessment, WSM has already amassed an impressive $16 million in funding throughout seven weeks.
Is the LunaOne crypto presale over?
The LunaOne project, a Web3 initiative, offers users the opportunity to engage in various activities such as connecting, playing, living, shopping, working, studying, and attending special events. In July 2022, the project’s crypto presale achieved full subscription. Soon enough, the XLN token will be made available through an Initial Coin Offering (ICO).
How successful was the Crypto Vault presale?
Crypto Vault’s debut was among the top 2022 cryptocurrency presales. However, the token’s value underwent considerable market volatility following the ICO.